Initial Public Offer (IPO) of DCX Systems is all set to open on Monday. The company is headquartered in Bangalore and is a leading player in Defense and Aerospace supplies. It has expertise especially in manufacturing of Electronic Sub-Systems and Cable Harness. DCX Systems IPO details are below :
IPO period : 31st Oct – 2nd Nov, 2022
IPO Size : Rs. 500 Crore (Rs. 100 Crore reserved for OFS). 10% quota reserved for retail investors. 15% quota for non-institutional investors and 75% reserved for institutional investors.
Price band : Rs. 197 – Rs. 207 per equity share of face value of Rs. 2 each.
Lot Size : Minimum 1 lot of 72 shares and in multiples of lot there after. Maximum application can be for 13 lots.
Minimum Investment : Rs 14,904 for 1 lot of 72 shares.
Maximum Investment : Rs 1,93,752 for 13 lots of 936 shares.
Listing at exchanges : BSE & NSE.
Listing date : Tentative 11th Nov 2022.
Axis Capital, Edelweiss Financial Services & Saffron Capital Advisors are the book-running lead managers to this IPO.